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    2800 Packerland Way Louisville, KY 40213

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 3,955 SF building

    Lot size:
    3,955 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.2-acre commercial property, zoned EZ-1, presents a rare opportunity for a fast-food or restaurant operator. Located just off I-65 at Fern Valley Road in Jefferson County, this single-tenant building offers 3,955 square feet of space, currently vacant, and is ideally suited for a drive-thru operation. The property boasts ample parking with 41 spaces and benefits from a strong demographic profile, with over 53,000 people residing within a 3-mile radius and an average daily traffic count of 33,000. Its strategic location provides excellent visibility and accessibility, placing it within one mile of three major Louisville employers: UPS World Port, Ford Motor Company, and GE Appliances. This presents a significant advantage for attracting a substantial customer base. The lot size is 52,272 square feet, offering ample space for outdoor seating or additional development. The seller is closing four similar locations in Louisville, indicating a strategic repositioning of their assets. This presents a unique chance to acquire a well-situated property in a thriving market. The property is ready for immediate occupancy and offers significant potential for a new tenant to establish a successful business.

    Property Features for 2800 Packerland Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,955 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,955 SF

    HighLights

    • 3,955 SF single‑tenant retail/restaurant building.
    • 1.2‑acre lot (52,272 SF) with 41 parking spaces.
    • Located off I‑65 at Fern Valley Road in Jefferson County.
    • EZ‑1 zoning.
    • Strong demographics: over 53,000 population within 3 miles and 33,000 ADT.
    • Proximity to major employers: UPS World Port, Ford Motor Co., and GE Appliances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7138405
    Latitude
    38.1562461

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, 3,955 SF building
    Where is this restaurant located?
    The property is located at 2800 Packerland Way Louisville, KY.
    What are key features of this property?
    This property features: 3,955 SF single-tenant retail/restaurant building.; 1.2-acre lot (52,272 SF) with 41 parking spaces.; Located off I-65 at Fern Valley Road in Jefferson County.
    Request Owner's contact information
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    Louisville, KY 40213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Packerland Way Louisville, KY 40213
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